Chapter 4: Multiple Choice Questions 1. Forecasts a. become more accurate with longer time horizons b. are rarely perfect c. are more accurate for individual items than for groups of items d. all of the above e. none of the above One purpose of short-range forecasts is to determine a. production planning b. inventory budgets c. research and development plans d. facility location e. job assignments Forecasts are usually classified by time horizon into three categories a. short-range‚ medium-range
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Casting/ materials in T Rex Fabrication (Arms and Ribs) It is very important to consider the process and material used in the tasks performed in terms allocation of resources. One manufacturing processes used in fabricating the T Rex is casting. Casting is a manufacturing process in which an object is made by pouring a liquid material into a hollow or cavity mold until the material cools into a sought solidified shape. The casting method used specifically was the one piece mold casting which was
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Solution SCM Ch1 2 Assignment 1 Supply Chain Management Topic: Understanding the Supply Chain Submitted by: Submitted to: Md. Faisal Hossain Md. Md. Akram Hossain EMBA Spring Semester 2013 Assistant Professor ID: 61120-13-017 MIS‚ University of Dhaka Date: 23-01-2013 Department of Management Information Systems Gateway Why did Gateway have multiple production facilities in the US? What advantages or disadvantages does this strategy offer relative to Dell‚ which has one facility? US was main
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CASE STUDY ANNABELLE INVESTMENT IN THE MARKET Annabelle Sizemore has cashed in some treasury bonds and a life insurance policy that her parents had accumulated over the years for her. She has also saved some money in certificates of deposit and savings bonds during the 10 years since she graduated from college. As a result‚ she has $120‚000 available to invest. Given the recent rise in the stock market‚ she feels that she should invest all of this amount there. She has researched the market
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Supply Chain Management 1.6 EXAMPLES OF SUPPLY CHAIN Oleh : Astrid Toleransia Helida G 1106153694 UNIVERSITAS INDONESIA DEPOK 2012 Gateway : A Direct Sales Manufacturer 1. Why did Gateway have multiple production facilities in the US ? Because Gateway has a strategy that avoid carrying any finished-good inventory at the retail stores and simply use the stores for customer to try the PCs and obtain help in deciding on the right configuration to purchase.
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Dell Computers Issue Identified in the Scenario that is also Facing the Company When Michael Dell started Dell Computer in 1984‚ he believed that by selling personal computer systems directly to customers‚ his company could better understand customers’ needs and provide the most effective computing solutions to meet those needs. During that period‚ competing computer makers experienced poor supply-chain management strategies that usually involved assembling in advance and sending to distribution
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Vancouver’s facility and from there was shipped to a distribution center. HP has three distribution centers (DC)‚ in North America‚ Asia Pacific and Europe that at the moment were filled of Deskjet stock. Each DC have a make-to-stock system to guarantee product availability and deal different with the problem resulting in problems to Vancouver Division that couldn’t build the right products in the right quantities. HP need to reach an optimal solution that balance the customers’ needs and keep
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smi8239X_ch01_001-026.qxd 2/27/07 11:22 PM Page 1 CHAPTER 1 Introduction to Supply Chain Management 1.1 WHAT IS SUPPLY CHAIN MANAGEMENT? Fierce competition in today’s global markets‚ the introduction of products with shorter life cycles‚ and the heightened expectations of customers have forced business enterprises to invest in‚ and focus attention on‚ their supply chains. This‚ together with continuing advances in communications and transportation technologies (e.g.‚ mobile communication‚
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Supply Chain Paper Michael Mariano University of Phoenix EBUS/400 Bert Hoff November 20‚ 2006 Through the years‚ brick and mortar buildings seemed to have been the most effective way of having a successful business. Today‚ with the creation of the internet many businesses now have the opportunity to reach millions of customers and other businesses worldwide. The internet
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Right to the core | Official CIPS Magazine – Supply Management Page 1 of 9 The purchasing and supply website Right to the core 27 May 2010 | Richard Brass Tyrannical‚ secretive - and a huge success. Richard Brass investigates how Apple devised the ultimate supply chain In each of the past two years‚ AMR Research has named Apple’s supply chain the best in the world. Its operation‚ the supply chain consultancy says‚ marks “an epic shift away from the 20th-century production-efficiency mentality
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